149 Treasury Management Strategy and Annual Investment Strategy (1-51-30) PDF 813 KB
To receive a report of the Deputy Chief Executive (S151) requesting agreement of the proposed Treasury Management Strategy and Annual Investment Strategy for 2020/21.
Minutes:
The Cabinet had before it * a report of the Deputy Chief Executive (S151) seeking agreement of the proposed Treasury Management Strategy and Annual Investment Strategy for 2020/21
The Cabinet Member for Finance outlined the contents of the report stating that the refreshed strategy highlighted the level of investment and borrowing and provided a detailed view of the economic climate.
Consideration was given to:
· The current portfolio position
· The limits to borrowing activity
· The annual investment strategy
RECOMMENDED to Council that: the proposed Treasury Management Strategy and Annual Investment Strategy for 2020/21, including the prudential indicators for the next 3 years and the Minimum Revenue Provision Statement (Appendix 1), be approved.
(Proposed by the Chairman)
Note: * Report previously circulated copy attached to minutes.